Land Rover Defender 2026 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩90,725,555
Monthly average ₩1,512,093|Cost per km ₩1,210/km| Depreciation | ₩60,032,300 | 66% |
|---|---|---|
| Fuel | ₩14,732,143 | 16% |
| Insurance | ₩5,500,000 | 6% |
| Vehicle tax | ₩3,661,112 | 4% |
| Maintenance | ₩6,800,000 | 7% |
| Total | ₩90,725,555 |
Vehicle tax: engine-based rates with age reduction (flat rate for EVs) · Insurance uses a reference range by age band, not a quote
Cumulative cost by year
View data table
| Year | Depreciation | Fuel | Insurance | Vehicle tax | Maintenance | Total |
|---|---|---|---|---|---|---|
| 1 | ₩25,417,300 | ₩2,946,429 | ₩1,100,000 | ₩778,960 | ₩900,000 | ₩31,142,689 |
| 2 | ₩10,879,000 | ₩2,946,429 | ₩1,100,000 | ₩778,960 | ₩1,100,000 | ₩47,947,077 |
| 3 | ₩9,890,000 | ₩2,946,429 | ₩1,100,000 | ₩740,012 | ₩1,300,000 | ₩63,923,518 |
| 4 | ₩7,912,000 | ₩2,946,429 | ₩1,100,000 | ₩701,064 | ₩1,600,000 | ₩78,183,010 |
| 5 | ₩5,934,000 | ₩2,946,429 | ₩1,100,000 | ₩662,116 | ₩1,900,000 | ₩90,725,555 |
The results are estimates based on public statistics and may differ from actual transaction prices and real costs. See how we calculate
Frequently asked questions
Q.What is included in the 5-year TCO?
Depreciation, fuel or charging, insurance reference cost, vehicle tax with age reduction, and maintenance by cost grade.
Q.How is Korean vehicle tax calculated?
Engine size × rate (80/140/200 KRW per cc) plus 30% education tax, reduced 5% yearly from year 3 up to 50%. EVs pay a flat amount.
Q.Why show cost per km?
Cost per km makes cars of different classes comparable and shows what each kilometer actually costs you.